US new residential single-family home sales grew annually by 23.8% in June

US new residential single-family home sales grew annually by 23.8% in June

Posted on July 31, 2023   |  

In June, new single-family home sales grew annually by 23.8%  to a SAAR of 697,000 compared to the June 2022 estimate of 563,000 but 2.5% down the adjusted May rate of 715,000.

The average price of new houses reached $415,400, and in July, the seasonally adjusted estimation of new houses for sale was 432,000.